Goodyear Tire To Announce 4th Quarter 2008 Earnings
According to a news release from the Akron, Ohio based Goodyear Tire and Rubber Company, the world’s largest tire company, will report fourth quarter 2008 financial results before markets open on Wednesday, February 18, 2009 to be followed by an investor conference call at 9 AM on that date.
Despite the recent negative news coverage of the company’s role in the Lilly Ledbetter wage discrimination matter Fortune magazine named Goodyear the World’s Most Admired Motor Vehicle Parts Company in its 2008 list of the World’s Most Admired Companies.
The publication ranked Goodyear No. 1 in innovation, people management, use of assets and global orientation. The company is also listed on Forbes magazine’s list of the Most Respected Companies in America and its list of the Most Trustworthy Companies in America and CRO magazine’s ranking of the 100 Best Corporate Citizens. Goodyear employs about 70,000 people and manufactures its products in more than 60 facilities in 25 countries around the world.
When we consider the facts in the Lilly Ledbetter case we think the respect for Goodyear is misplaced. We think the criteria for judging corporate citizenship is skewed. We certainly do not rank this international corporate giant as being worthy of anyone’s trust.
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